Green India Bonds India came out with its first ever green India bond, under Prime Minister Modi’s leadership. Mr. Modi has been pushing the country hard on the solar path lately. The country has set up an ambitious target to install 100 GW of solar power by 2022. India was also granted support of $160 [...]

RPO in India Renewable Purchase Obligation (RPO) was launched in 2010, making it mandatory for distribution companies, open-access consumers and captive power producers to meet a part of their energy needs through green energy. According to the RPO, a certain percentage of a state’s electricity generation must come from clean energy sources. CERC mandated that by [...]

India The Indian stock market has been on a roll since end 2013, as poll forecasts started to predict the end of the corruption ridden and rudderless, leaderless Congress government and the potential win of the BJP led by reformist Narendra Modi. Since then the stock markets have climbed up by more than 50% as [...]

Maharashtra – RE Policy with solar focus Maharashtra is India’s largest industrial state and home to India’s financial capital – Mumbai. The state has massive power requirements and as per CERC guidelines requires to install large amounts of renewable energy capacity. Maharashtra has lagged in renewable energy capacity installation compared to other states like Gujarat, [...]

India – Green IPO Green stocks have not really set the Indian stock market on fire, with most going into bankruptcy (called CDR in India, as there is no good bankruptcy law). This has been the case in most global markets as well, though there are some green success stories out there such as Tesla, [...]

India presented its budget for 2015-16 in which a number of proposals for propping up the infrastructure sector in India were announced, such as setting up a Rs.20000 crore fund to invest in infra equity. There were also plans to set up 5 more giant thermal power plants with a capacity of 20000 MW. However, [...]